NOT LISTED FOR SALE
8 Beds
4 Baths
3,113 Sq Ft
7,000 Sq Ft Lot

Sale Details

Date Sold: December 11, 2025

Last sale price $975,000 $313 Per Sq Ft

109 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 4 Car Garage
  • Arroyo Grande High School Rated A-
  • Neighborhood Views
  • 4-minute walk to Oceano Dunes State Vehicular Recreation Area

About This Home

As of December 2025

Discover this 4 unit offering with rental appeal and flexible living options—all on one well-maintained corner lot with alley access and freshly sealed asphalt driveways. The SFR home is single-story with 2-bedroom, 1-bath with an attached 1-car garage (converted). Behind it sits a triplex built around 1987, each unit featuring 2 bedrooms, 1 bath, and its own garage space. Thoughtfully designed for privacy and convenience, the layout provides each tenant with comfortable living spaces and low-maintenance landscaping. Consistently occupied by long-term tenants, this property reflects pride of ownership and reliable performance. Whether you’re seeking to live in one unit and rent the others, expand your investment portfolio, or complete a 1031 exchange, this four-unit property offers versatile potential and lasting value.

Last Agent to Sell the Property

Dick Keenan

NextHome Central Coast Brokerage Phone: 805-801-9032 License #00860187 Listed on: 07/24/2025

Co-Listed By

Narlene Carter-Keenan

NextHome Central Coast Brokerage Phone: 805-801-9032 License #00976857

Last Buyer's Agent

Dick Keenan

NextHome Central Coast Brokerage Phone: 805-801-9032 License #00860187 Listed on: 07/24/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 7,000 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • East Facing Home
  • Wood Fence
  • Corner Lot

Parking

  • 4 Car Garage
  • 5 Open Parking Spaces
  • Parking Available
  • Three Garage Doors
  • Driveway

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,113 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Kitchen

  • Gas and Electric Range
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Additional Features

  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Legal Lot and Block 1 / 16
  • Assessor Parcel Number 062092017
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Oceano Subdivision

Recreation

  • Bike Trail

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $300
  • Insurance Expense $2,500
  • Maintenance Expense $3,800
  • Water Sewer Expense $2,682
  • Operating Expense $9,282
  • Gross Income $56,880
  • Net Operating Income $33,127

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

7,000 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 2.76
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Paved
  • Subdivision Name Other: Oceano(350)
  • View: Yes
  • Water Sewer Expenses: 2682.00
  • Zoning: RMF
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 300.00
  • Parcel Number: 062092017
  • Year Built: 1987
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 313.20

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Three Door
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Disposal, Gas & Electric Range, Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607
  • Latitude Manual: 35.10088000

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Gross Income: 56880.00
  • Gross Multiplier: 22.00
  • Gross Operating Income: 54900.00
  • Gross Scheduled Income: 56880.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 7000.0000 Square Feet
  • Maintenance Expense: 3800.00
  • Net Operating Income: 33127.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Range: 3
  • Operating Expense: 21773.00
  • Rent Control: Yes
  • Total Actual Rent: 4740.00
  • Total Expenses: 9282.00

Tax Info

  • Tax Block: 16
  • Tax Census Tract: 122.02
  • Tax Lot: 1
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/11/2025 12/11/25 Sold $975,000 -2.4% $313 / Sq Ft
11/10/2025 11/10/25 Pending -- -- --
11/10/2025 11/10/25 Price Changed $999,000 -4.9% $321 / Sq Ft
10/20/2025 10/20/25 Price Changed $1,050,000 -2.3% $337 / Sq Ft
09/25/2025 09/25/25 Price Changed $1,075,000 -2.2% $345 / Sq Ft
09/08/2025 09/08/25 For Sale $1,099,000 0.0% $353 / Sq Ft
08/12/2025 08/12/25 Pending -- -- --
08/05/2025 08/05/25 Price Changed $1,099,000 -8.3% $353 / Sq Ft
07/24/2025 07/24/25 For Sale $1,199,000 -- $385 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,483 $314,937 $94,994 $219,943
2024 $4,446 $308,763 $93,132 $215,631
2023 $4,446 $302,709 $91,306 $211,403
2022 $4,397 $296,774 $89,516 $207,258
2021 $4,391 $290,956 $87,761 $203,195
2020 $4,355 $287,974 $86,862 $201,112
2019 $4,332 $282,328 $85,159 $197,169
2018 $4,201 $276,793 $83,490 $193,303
2017 $4,281 $271,366 $81,853 $189,513
2016 $3,324 $266,047 $80,249 $185,798
2015 $2,814 $262,052 $79,044 $183,008
2014 $2,710 $256,920 $77,496 $179,424
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI25165757

California Regional Multiple Listing Service (CRMLS)

APN: 062-092-017

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